Comparing Medigap plans is an essential part of choosing the “right” plan for you. It can certainly seem like a daunting task, but it is not nearly as difficult as you may think. First and foremost, plans are standardized, so comparing them is based on other factors, besides differences in coverage. This greatly eliminates confusion that could exist if comparing multiple variables, such as coverage, price, company rating etc. So, how do the plans vary?

First of all, the plans can vary greatly in price. Although coverage is the same (i.e. one Plan F is the same as another), prices can be as much as double with one company versus another.

Secondly, plans can vary based on company reputation/rating. AM Best is an independent rating source of the companies. They are universally used to get an idea of a company’s financial strength/stability. Although this isn’t a guarantee of future solvency or stability, it can at least be a factor in your comparison.

So, with the knowledge of how the plans vary, how can you compare the options?

First, decide on which plan you want. If you are not familiar with the different coverage plans, you can view the standardized coverage chart here: STANDARDIZED PLAN COVERAGE CHART. Plan F is the most comprehensive plan option (and most expensive) – it pays for everything that Medicare doesn’t cover at the doctor/hospital.

Once you know which plan you want, you can very easily compare the plans based 0n price and company rating. Since coverage, claim payments, doctor acceptance, etc are standardized, the next step is obtaining a list of the plans available for your age and zip code. At that point, you can compare their prices and ratings.

To obtain this list of available plans and the quotes for your age/gender/zip code, you have two options. You can either call every insurance company that does business in your state and ask them for the quotes or set up meetings with them to obtain the quotes. Alternatively, and significantly easier, you can simply use a brokerage to compare all options in a centralized place. By doing so, you can get quotes for all plan options and make an informed, unbiased choice. Whether it is a MSC.com or another brokerage, this is the easiest and most useful to compare Medicare Supplement plans.

Client Testimonials

It’s an understatement to say that approaching age 65 and having to choose a Medicare Supplement makes for a rather large milestone in one’s life – a boulder really. Thanks to you, my decision-making process was made easier. Your quick response and clear answers to my questions are much appreciated.

Sara K., Georgia, turning 65

My doctor’s fee for EACH knee was a few hundred less than $38,000 + hospital fees… PER KNEE! My Plan F covered ALL OF IT! When I tell people the story, they want to know YOU!

James M., FL, knee replacements on each knee

I appreciate very much your willingness to help each time that I’ve called upon you since I’ve had my coverage. It’s wonderful to find a professional who is honest and willing to assist.

Thomas H., South Carolina, relocating to SC and changing plans

You have been extremely helpful. Your answers have been prompt and easy to understand, as well as complete. I own a small company and I understand the value of customer relations VERY well. I will not hesitate to recommend you to the many people that trust my opinion.

Connie G, PA, small business owner, turning 65

Thank you for the informative newsletter. You are truly a great find for my wife and me. It is rare to work with someone who is so service-minded. Thank you for your fine efforts. We appreciate it!

Lenny R., South Carolina, switching from another carrier and wife turning 65

Thanks again for all your help. I’ve talked to lots of agents, and no one else has even come close.

Dave P, NC, working with us on behalf of his wife who was turning 65

Mr. Ball has been one of the few bright spots in a sea of darkness when it comes to insurance. He is professional, efficient, easy to communicate with and knowledgeable (I have encountered insurance personnel that knew a lot less than I). Those of us who use his services are indeed fortunate.

Gussie A, NC, saving money annually on Medigap

You came along at just the right time. Just when I was getting overwhelmed and confused by Medicare and Medigap, I found you and you put everything in terms I can understand. Thank you for spending so much time with me and for helping me feel good about my choices.